>>"market conditions" ? Ciena went up yesterday as the market went down....R<<
From TLAB annual...
We expect to introduce major new products during 1999 in optical networking, in ATM (cell-based) switching and transport, and in combined voice and data access vehicles. These represent good entrées to the future. To complete the picture, however, we must quickly move into the data-centric packet area, and do so in a way that complements our array of new and existing networking products. That suggests some type of acquisition or joint venture is in order, because there is probably not time to start from scratch and be a factor in this marketplace. Our larger traditional competitors have already taken this step, and those competitors in the "data space" are of course already there. Fortunately, there appear to be some opportunities available for us to do just that. This sets one of our highest priorities for 1999, because with the addition of this technology, Tellabs will indeed be a tough and versatile competitor in this industry. That is our intent. |
